As dawn breaks over the Gulf of Fonseca, southeast of El Salvador, Patri Friedman sets out for a jog. He trots past domed hothouses filled with fruit trees and feels the sidewalk sway gently underfoot as a tugboat chugs by with a floating apartment building in tow. The year is 2024, and Friedman lives on a so-called seastead, a waterbound city of some 1,000 people who produce their own food, their own energy and -- most important -- their own laws.
— bloomberg.com

Previously:Obscenely Rich Tech Folk Are Still Building Their Island Utopia Off The Coast of San FranciscoPaypal Founder Invests $1.25 Million to Create Floating Micro-Countries View full entry »

Peter Thiel is known for having big ideas before everyone else - he launched Paypal, funded Facebook, and is now interested in building his very own start-up countries in the far off, open ocean. The self-made billionaire is working closely with the Seasteading Institute to create sovereign nations in international waters, free from the laws of any country.
— Inhabitat

PayPal founder Peter Thiel is working closely with the Seasteading Institute to create sovereign nations in international waters, free from the laws of any country. View full entry »